Payments

Editor’s note: Atlanta may be the center of the payments universe, but the rest of the world hasn’t necessarily gotten the memo. A few local groups are trying to change that, acting as the industry’s modern-day Galileos to show that transactions really do revolve around the Southeast’s economic capital. In the process, the Atlanta-based American Transaction Processors Coalition has Read more

A summit designed to preach the power of electronic payments is coming as planned to Georgia, the hub for some 70 percent of such transactions in the U.S. The P20 — short for Payments 20 — held its inaugural meeting in London last fall, bringing together top business leaders, government officials and regulators to tackle issues Read more

BitPay, the Atlanta-based fintech company that bridges merchants and cryptocurrencies, has raised a $30 million Series B round that will fuel its expansion into Asia and into new avenues like supply-chain payments. The investment was led by Aquiline Technology Growth, based in New York. The fund was drawn to the company’s rapid revenue growth and Read more

Georgia’s biggest annual financial technology summit showed how the state is aiming to enhance its global reputation, both by attracting investment from overseas and helping homegrown upstarts take on industry challenges with international resonance. The event was a clarion call to defend and augment the state’s reputation as an international leader in an industry that is attracting more Read more

Atlanta may be the payments capital of the world, but the world doesn’t necessarily know it yet. That’s why, to get its due, Atlanta is teaming up with another global capital whose financial pedigree is less in question: London. The two cities are joining forces to create what they’re pithily calling the “Davos of payments,” a play Read more

When it comes to financial technology, there’s an elephant in the room that companies in Atlanta’s “Transaction Alley” would do well to watch closely: India. While the country has its challenges with relatively low Internet penetration (despite nearly 500 million users overall) and a largely unbanked population, India through technology and a bit of timing is already beginning to leapfrog the West’s traditional trajectory on Read more

Another Irish firm has announced plans to put a 500-job customer support center in Georgia, the latest example of how an outsourcing sector built up in Dublin to serve multinationals has swung back across the Atlantic to benefit American job-seekers. Dublin-based Sysnet Global Solutions brings value beyond the typical call center. A provider of payments compliance and cybersecurity solutions, Read more

The local office of the U.S. Commercial Service is looking for participants to join a trade mission to Singapore focused on opportunities in financial technology, payment processing and the digital economy.

Given that startups and innovation labs often steal the spotlight from established companies, the Technology Association of Georgia is launching an awards ceremony honoring the use of financial technology in existing businesses.

On paper, TruRating comes off like yet another London startup filling a tiny niche in the ever-expanding payments space, a bit player vying for a small sliver of a crowded market. But after a few minutes with its ambitious founder, Georgina Nelson, it’s easier to be convinced that one second of a customer’s time, multiplied over thousands Read more